I am currently (and it’s a big volume) reading “the value of everything” , I read it in stints but it’s a great read of how economics evolved as a science and it definitely has social elements to it: so it is motivated in parts by peoples wishes of what they want to get out of it, but it also has a large scientific component as well, so it certainly isn’t black and white.
>"the value of everything"
This is kind of mentality that lead to currently securitising of the planet. Buying up land and evaluate whatever that can be evaluated. Much of these comes from the cheap free money comes from Feds. I mean if I can print free money and buy real asset, I'll do it too. In general it exposes the mentality that we humans like to predict the future to avoid risk. Reality is that we can't some times no matter how much risk management we do. . Instead of try to predict the future, just prepare ourselves for whatever will happens.